Box Office: Disney’s ‘Strange World’ Bombing

Box Office: Disney’s ‘Strange World’ Bombing

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“Black Panther: Wakanda Forever” continued to rule the Thanksgiving holiday box office. Facing only token opposition, the superhero sequel grossed $10 million on Wednesday. The Marvel and Disney release is on track to make about $63 million over the five-day period, easily outpacing the competition.

Another Disney film, “Strange World,” bombs, grossing a disappointing $4.2 million on Wednesday as it envisions a five-day trek under $24 million. That’s a terrible result for the $180 million budget animated adventure. By comparison, “Encanto,” another recent Disney animation offering, made $40.3 million over the 2021 Thanksgiving holiday — and that was considered a soft result for the family movie. “Encanto” didn’t really fit the zeitgeist until it started streaming on Disney+ when “We Don’t Talk About Bruno” became ubiquitous.

Among the other newcomers was “Devotion” from Sony and Black Label Media, an inspirational drama about two elite US Navy fighter pilots, which grossed $1.8 million. It’s looking at a five-day haul of $10.2 million.

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MGM and United Artists Releasing’s “Bones and All” stumbles into its expansion, making about $900,000 on Wednesday. The unusual story of young cannibals in love is on track to make $4.3 million in five days. It opened last weekend in limited edition.

And Steven Spielberg’s “The Fabelmans” raised $400,000 on Wednesday after expanding from four theaters to more than 600 locations. The semi-autobiographical look at the filmmaker’s early years should gross $3 million over the Thanksgiving holiday.

Searchlight’s “The Menu” made $1.1 million and should raise $8 million over the holidays. The horror comedy’s domestic total is $12.4 million. Warner Bros. and DC’s “Black Adam” made $660,000 on Wednesday and are looking forward to a holiday gross of $4 million. The superhero movie’s domestic total is just under $160 million.

It’s a pretty bleak picture for the film industry, which has been in a slump since mid-summer and still grappling with the aftershocks of COVID closures. The Christmas checkout appears to be about 10% lower than last Thanksgiving when ticket sales totaled $142 million. That was a far cry from the pre-pandemic Thanksgiving results. For example, in 2019, the Turkey Day frame generated $263.3 million in sales. The exhibition business then had something to celebrate news broke that Amazon plans to spend $1 billion to make 12 to 15 movies that will hit theaters. The internet giant has switched between embracing movie theaters and focusing primarily on powering its streaming service. The latest shift in strategy is a boon for exhibitors as the announcement sent their inventories soaring.

Theater operators could get silent assistance from “Glass Onion: A Knives Out Mystery,” the sequel to Rian Johnson’s 2019 hit whodunit. However, Netflix is ​​not reporting gross receipts for the movie, which is playing in 600 North American theaters.

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